, ENHANCED USE LEASE BETWEEN NATIONAL AERONAUTICS AND SPACE ADMINISTRATION, AMES RESEARCH CENTER AND PLANETARY VENTURES, LLC REGARDING BAY VIEW PARCELS 1, 2 AND 4, NASA RESEARCH PARK May 14,2008 PV Bay View EUL Exec Final SAA2 - 402175 NASA AMES RESEARCH CENTER ENHANCED USE LEASE Basic Lease Information Effective Date: May 14,2008. Landlord: NATIONAL AERONAUTICS AND SPACE ADMINISTRATION, ~n Agen~y of.the United States, acting by and through Ames Research Center located at Moffett FIeld, Cahfornla. Tenant: PLANETARY VENTURES, LLC, a Delaware limited liability company. Guarantor: GOOGLE INC., a Delaware corporation. Premises: The parcels of land commonly known as :'Parce~ ~," "Parcel 2'~~nd "Parcel. 4" in the "Bay View" area of NASA Research Park, outlined m ExhIbIt A-I, contammg app~oximately 42.28 acres of gross land area, located at NASA Ames Research Center, Moffett FIeld, California. Property: The land, the buildings and other improvements known as NASA Ames Research Center, Moffett Field, California 94035 - 1000. Initial Term: Forty (40) Lease Years plus the period from the Commencement Date to September 30,2008, subject to the rights to extend the Term in accordance with section 3.2. Commencement Date: May 14,2008. Expiration Date: September 30, 2048. Quarterly Base Rent (dollars per quarter): $914,375.00. Permitted Use of the Premises: Permitted Uses on Parcel 1 and Parcel 2 shall be office and research and development uses (including Ancillary Uses) in an amount not more than the maximum number of Square Feet of Improvements that may be developed and occupied under the Entitled Use (subject to the limitation on the number of Square Feet of Ancillary Uses). The Permitted Use of Parcel 4 shall be open space, stormwater retention and other non - building uses. As of the Commencement Date, the Entitled Use is the development and occupancy of a maximum of one million two hundred five thousand (1,205,000) Square Feet as configured in the Bay View Conceptual Development Plan. Of that total Square Footage, the Entitled.lJse for , \. Phase 1 Improvements and the Phase 2 Improvements shall consist of up to_ CL '\ ••... pf office and research and development uses (including Ancillary U~ V ~he Entitled Use for the Phase 3 Improvements shall consist of up t~ Improvements for residential housing purposes. PV Bay View EULExec Final SAA2 - 402175 -i- Landlord's Address: NASA Ames Research Center Mail Stop 204 - 2 Moff~tt Field, CA 94035 - 1000 Attn: Chief, NRP Development Office Tenant's Address: Planetary Ventures, LLC 1600 Amphitheatre Parkway Mountain View, CA 94043 Attn: Vice President - Real Estate With a copy to Guarantor: Google Inc. 1600 Amphitheatre Parkway Mountain View, CA 94043 Attn: Legal Department - Real Estate Exhibit A - Diagrams Exhibit A-I - Diagram Outlining the Premises and Legal Description Exhibit A-2 - Diagram Outlining the Phase 1 Parcel and the Phase 2 Parcel Exhibit A-3 - Diagrams Outlining Certain Off - Site Improvements . Exhibit B - Bay View Conceptual Development Plan Exhibit C - Bay View Maintenance Costs Exhibit D - Bay View MIMP , Exhibit E - Construction Provisions Exhibit F - List of Landlord Provided Environmental Reports Exhibit G - Guaranty of Lease Exhibit H - Infrastructure Value Outstanding Balance Exhibit I - Memorandum of Lease Exhibit J - Scope of Off - Site Improvements Exhibit K - Points of Connection of Utilities Exhibit L - Project Schedule Exhibit M - Support Agreement Exhibit N -Temporary Construction License PV Bay View EUL Exec Final SAA2 - 402175 -ii- The foregoing Basic Lease Information is incorporated in and made a part of the Lease to which iUs attached. If there is any conflict between the Basic Lease Information and the Lease, the Basic Lease Information shall control. Tenant: Landlord: PLANETARY VENTURES, LLC, NATIONAL AERONAUTICS AND a Delaware limited liability company SPACE ADMINISTRATION, an Agency of the United States By _ By _ David Radcliffe S. Pete Worden Manager Director, Ames Research Center I PV Bay View EUL Exec Final SAA2 - 402175 -iii- TABLE OF CONTENTS Article ARTICLE 1 Definitions : 2 1.1 Additional Information 2 1.2 Additional Rent 3 1.3 Adjustment Index : 3 1.4 Affiliate 3 1.5 Alterations 3 1.6 Ancillary Uses 3 1.7 APD ; 3 1.8 Applicable Laws 4 1.9 Applicable Policy and Guidance Documents 4 . 1.10 Appraisal Event 4 1.11 Authorized Representatives 4 1.12 Base Rent : 4 1.13 Basis for Appraisals 4 1.14 Bay View Design Guide 5 1.15 . Bay View Conceptual Development Plan 5 1.16 Bay View Development Plan 5 1.17 Bay View EIMP 5 1.18 Bay View Maintenance Cost Review Date 5 1.19 Bay View Maintenance Costs 5 1.20 Bay View MIMP 6 1.21 Bay View TDM Plan : : 6 1.22 Beginning Index 6 1.23 Bilateral Extension Term ~ 6 1.24 BVDP Element. 6 1.25 CBO 6 1.26 Center Director 6 1.27 Claims ".' 6 1.28 Close Call 6 1.29 Commencement of Construction 6 1.30 Commencement Date 6 1.31 Completion of Off - Site Improvements 7 1.32 Construction Contract 7 1.33 Construction Provisions 7 1.34 CPI ; 7 1.35 CPI Increase Date 7 1.36 Demand Services 7 1.37 Design and Construction Documents , 7 1.38 Dispute Notice 7 1.39 Effective Date 8 1.40 EIS 8 1.41 Entitled Use 8 1.42 Environmental Law , ~ 8 1.43 Event of Default 8 1.44 Existing Cooling Tower Improvements 8 PV Bay View EUL Exec Final SAA2 - 402175 -iv- TABLE OF CONTENTS Article 1.45 Existing Environmental Conditions 8 1.46 Expiration Date 8 1.47 Extension Term : 9 1.48 Financing Transaction 9 1.49 Fiscal Year 9 1.50 Force Majeure Delay 9 1.51 Full Insurable Replacement Value 9 1.52 GEV 9 1.53 Government. .'.. 9 1.54 Guarantor 9 1.55 Guaranty 10 1.56 Hazardous Material 10 1.57 Improvements 10 1.58 Infrastructure Parcel(s) : 10 1.59 Infrastructure Value Outstanding Balance 10 1.60 Initial Development Period 10 1.61 Initial Term ~ 10 1.62 Initial Project Plan 10 1.63 ISP Services 10 1.64 Landlord 11 1.65 Landlord Delay 11 1.66 Landlord Housing Construction Delay 11 1.67 Lease "..11 1.68 Lease Year 11 1.69 Memorandum of Lease ~ 11 1.70 Mishap 11 1.71 Mortgage 11 1.72 Mortgagee 12 1.73 MOD 12 1.74 NADP MIMP 12 J \ 1 '77 5NNAADSAMTD~PEPlan I 1122 a...YJ .1 6 am ntrance mprovements.. \'..J 1;77 NEPA 12 1.78 12 1.79 New Cooling Tower Improvements 12 1.80 NRP Design Review Board 12 1.81 Off - Site Improvements 12 1.82 Off-Site Improvements Construction Documents 13 1.83 Open Space Improvements 13 1.84 Parcel. 13 1.85 Parcell. ................. ....... ..... ........ ......................... ............. .. 13 1.86 Parcel 2 13 1.87 Parcel 4 13 1.88 ParceI5 ~ ' 13 1.89 Parcel 10/11 13 PV Bay View EUL Exec Final SAA2 - 402175 -v- \ TABLE OF CONTENTS Article 1.90 Park and Recreation Improvements 13 1.91 Parking Ratio : 13 1.92 Partial Taking 14 1.93 Parties , 14 1.94 Permitted Activities ~ 14 1.95 ,Permitted Materials 14 1.96 Permitted Use 14 1.97 Personal Property 14 1,.98 Phase of Improvements 14 1.99 Phase 1 Improvements ; ' 14 1.100 Phase 1 Parcel 15 1.101 Phase 2 Improvements 15 1.102 Phase 2 Parcel 15 1.103 Phase 3 Improvements ...........•.......................... ; 15 1.104 Planning Space Act Agreement ,: 15 1.105 Plans in Progress 16 1.106 Points of Connection 16 1.107 Pre - Construction Assignment 16 1.108 Post - Commencement Assignment ' 16 1.109 Premises 16 1.110 Product Data 16 1.111 Proj ect Schedule 16 1.112 Property 16 1.113 Qualified Appraiser 16 1.114 Quitclaim Deed 17 1.115 Rate of Return 17 1.116 Reconveyance ' 17 1.117 Redevelopment 17 1.118 Rent 17 1.119 ROD ; 17 1.120 R. T. Jones Road Improvements 17 1.121 Samples : 17 1.122 Scheduled Appraisal Date 17 1.123 17 1.124 S'llop Drawings 18 1.125 Space Act 18 1.126 Square Feet. : 18 1.127 Street Improvements , 18 1.128 Subdivision Plan 18 1.129 Sublease of Space 18 1.130 Sublease Triggering Appraisal... 18 1.131 Sublease Triggering Appraisal Period ,19 1.132 Subsequent Rental Period 19 1.133 Support Agreement 19 1.134 Taking 19 , PV Bay View EUL Exec Final SAA2 - 402175 -vi- TABLE OF CONTENTS Article 1.135 Tangible Net Worth 19 1.136 Technical Submittal 20 1.137 Temporary Construction License : 20 1.138 Temporary Taking ' 20 1.139 Tenant ; 20 1.140 Tenants' Association 20 1.141 Tenant's Related Entities 20 1.142 Tenant's Utility Requirements 20 1.143 Term 20 1.144 Total Taking ; 20 1.145 Transfer 21 1.146 Transfer of Ownership " 21 1.147 Transfer Property 21 1.148 Transportation Management Association 21 1.149 Umbrella Space Act Agreement ~ 21 1.150 Unilateral Extension Term 21 1.151 Utility , 22 1.152 Water Tank Improvements 22 1.153 Water Tank ParceL 22 ARTICLE 2 Premises .............................................................•.................................................... 22 2.1 Lease of Premises 22 ( 2.2 Common Areas 22 2.3 Landlord's Easement Rights 22 2.4 Landlord's Grant of Other Rights 24 2.5 Guaranty 24 2.6 Tenants' Associations 24 2.7 Transportation Management Associations 24 ARTICLE 3 Term24 \ ~ " 3.1 Initial Term 24 3.2 Extension Terms 25 3.3 Periodic Programmatic Review : ; ; 26 3.4 Holding Over 26 3.5 Surrender of the Premises 26 3.6 Documentation Upon Termination or Partial Termination 27 ARTICLE 4 Construction ofImprovements and Off - Site Improvements 27 4.1 Construction 27 4.2 Failure of Commencement of Construction 28 4.3 Commencement of Phase 2 Improvements; Effect on Phase 1 Improvements 28 4.4 Lease Termination; Off - Site Improvements 29 4.5 Signs 29 ARTICLE 5 Rent 29 5.1 Base Rent : 29 5.2 Additional Rent ; 32 5.3 Procedures for Additional Rent 33 PV Bay View EUL Exec Final SAA2 - 402175 -v ii- TABLE OF CONTENTS Article 5.4 Initial Payments 34 5.5 Late Payment 34 5.6 Construction of Off - Site Improvements 35 5.7 Taxes Payable by Tenant ; 35 5.8 Rent Payments :,.